tomo logo

$325,000

Beds
1
Baths
1.0
sq ft
861

114 West Adams Street Unit 806, Phoenix, AZ 85003

114 West Adams Street Unit 806

Phoenix, AZ 85003

  • 16 days on market
Welcome to urban luxury living at its finest! This exquisite 1-bedroom, 1-bathroom condo is in a historic high-rise building in the heart of downtown Phoenix. Perfectly located for those who crave the excitement and convenience of city life, this top-floor unit offers breathtaking panoramic views. Meticulously upgraded, the condo features an open-concept living area with hardwood floors, a gourmet kitchen with stainless steel appliances and quartz countertops, and a spacious bedroom with ample closet space. Just steps away from Phoenix's best sporting events, renowned restaurants, and vibrant nightlife, this is a rare opportunity to own a piece of history with modern comforts. Can be sold FURNISHED as well!

Details

Property type

Condominium

Est. home value

$353,117

Lot size

797 sq ft

Price per sq ft

$378

Year built

2005

Annual property taxes

$1,805

Monthly HOA fee

$727.53

Price History

11/01/2024
ArizonaRegional

ArizonaRegional #6730753

Removed
$325,000
11/01/2024
ArizonaRegional

ArizonaRegional #6778465

Listed
$325,000
10/10/2024
ArizonaRegional

ArizonaRegional #6730753

Price change
$325,000
-1.37%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Kenilworth Elementary School

Middle school: 

Kenilworth Elementary School

High school: 

Central High School

Community features: 

Clubhouse, Fitness Center

High school district: 

Phoenix Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$21,584
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$277,416
Cash to seller
$21,584

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2022

Original loan amount

$287,100

Est. remaining balance

$277,416

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Robert Westerman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/17/2024 at 3:15 PM

Listing updated: 11/01/2024 at 10:15 AM

Listed by: Charles DeLong, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6778465

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